received overwhelming response from the employees of the Life Insurance Corporation and the four public sector general insurance companies across the country. This massive strike action was not just a protest against the totally undemocratic action ...

India PRwire 2015-03-10 SBI General Insurance, one of the leading general insurance companies in India have reinforced their health insurance portfolio with their affordable product, SBI General Group Health Insurance Policy. March 10, 2015 / ...

"...members had accorded their approval for issue of 2,00,00,000 equity shares to Life Insurance Corporation of India (LIC) and 26,45,502 equity shares to the New India Assurance Company Ltd on preferential basis at a price of Rs 283.50 per share," the bank ...

BHOPAL: Agriculture Insurance Corporation of India Limited (AICIL) has been served with contempt notice for having failed to release insurance amount to farmers across Madhya Pradesh, who lost their rabi crops following rain and hailstorm in ...

The Indian insurance industry is currently the 16th largest market and expected to be one of the top 10 markets by 2025. The last few years have been challenging for the industry with declining growth in life insurance premiums and significant ...

Mumbai : A clutch of financial institutions, including State Bank of India (SBI), Life Insurance Corporation (LIC) and HDFC, have showed double digit growth in terms of advance tax payments for the March quarter, according to industry sources. ...

The Digital India campaign will pave way to a ‘cashless’ ecosystem and give a boost to online sales of insurance policies. The Prime Minister has been encouraging financial inclusion and financial security to citizens of the country. This has found its ...

Poor valuations, problems in claim ratios, staff opposition for state-run units among issues to be addressed While some private sector life insurance companies are gearing up for initial public offerings of equity, the situation is not the same for general insurance companies. Huge underwriting losses, impacting their valuations, and stiff opposition from staff unions in case of the state-owned ones are the main reasons behind the lack of enthusiasm of non-life insurers to tap the capital ...